SHIB Price Falls Over 30% This Past Month While This Viral Altcoin Is Up 300% Since The New Year

The SHIB Price has recently fallen more than 30%, pulling the token down to approximately $0.00001547. On the other hand, a new player named Remittix is making waves with its $12.5 million presale and a PayFi solution at $0.0599, with hopes for actual crypto adoption in the real world.

During Shiba Inu's decline Lucie, a thought leader in the community went out on social media with a solid message: avoid over-hyped tokens. She cautions against relentless promotion on the part of influencers, exchanges, or government institutions, noting that this is likely to promote ill-advised choices, something that the team behind Shiba Inu subscribes to.

Why the SHIB Price Drop Highlights Caution: Lessons From Shiba Inu

Lucie, an experienced crypto watcher, recently highlighted the way hype-based tokens can climb and then come crashing down in a similar hurry. The SHIB Price, which dropped more than 30% this month, illustrates how fast social media hype can lose steam when fundamentals are not in place. Shiba Inu's core community resonates with Lucie's opinion: diligent research and one's own judgment must inform investment choices, instead of aggressive influencer endorsements.

Nonetheless, the Shiba Inu community emphasizes that individual judgment and research take precedence over blind faith in hype campaigns. This tactic may safeguard against unexpected losses but also encourages holders to look for tokens with better long-term usability.

By doubling down on caution, developers at Shiba Inu want to maintain community faith. New investors often pursue the next meme coin and realize later that the popularity of the coin rested with viral promotion. With large influencers drawing a good picture, lesser investors may enter without deeper analysis.

Remittix: The Viral Altcoin Soaring 300% Since New Year

While the SHIB Price struggles, a different altcoin named Remittix has surged by 300% since the start of the year. Priced at $0.0599 in its presale, Remittix has raised over $12.5 million and sold more than 465 million tokens. Unlike many meme-based projects, Remittix aims to solve a real-world challenge: cross-border payments. 

Imagine a small Kenyan import-export firm teaming up with a Japanese supplier. Rather than going through several banks, fees, and cumbersome currency exchanges, both firms can pay invoices using Remittix. The Kenyan company pays in stablecoins, which Remittix instantly converts into Japanese yen to pay the supplier. This frictionless process saves overhead and cuts turnaround time in half.

Remittix's presale success also lies in the transparency it follows. The team immobilized both team tokens and liquidity for three years, trying to reduce dumping risks. A thorough audit is a guarantee of confidence for investors who fear scams, and the ongoing momentum of the presale indicates whales are taking interest. In the event of increasing mainstream adoption, some analysts view Remittix maturing into a giant in the global remittance market.

Conclusion

As much as the SHIB Price has dipped more than 30% this month, it is still a reflection of the ups and downs of investing in meme-coins. Lucie's warnings reflect the truth that hype easily wears off once tokens do not have a robust use case. As opposed to that, Remittix has rallied by 300% since January, all due to it serving real-world inefficiencies of cross-border payments.

Those looking for the next big breakout may discover that a venture like Remittix has more than simple speculation it presents a concrete answer to a worldwide demand. Regardless of whether SHIB recovers or not, the crypto landscape is large enough to have many winners. Investors do, however, do well to take the advice of the Shiba Inu team and make intense study before diving into any venture.

Until today, Remittix seems to excel as the best bet, riding on the grounds of common sense utility whereas meme coins struggle with an unreliable market.

Interested in how Remittix might outpace SHIB? Check out Remittix to see why PayFi is the next crypto frontier!

Website: https://remittix.io/
Socials: https://linktr.ee/remittix